Gold Spot / U.S. Dollar
Short
Updated

trade 10 xauusd

73
I'm not in this trade, it's just to test my strategy.

I was long and got stopped, now I will short a retest of the diagonal, if we reach it.

Reason to short
- R higher than 3
- big RSI divergence on the daily
- Volume was decreasing during the uptrend.
- The rising wedge is compromised.

Risk 3%
Note
Note to myself = do not wait for a retest when it's so obvious on the daily. IF there's a retest, open another short.
Trade active
I would adjust my stop like this

snapshot
Trade closed: stop reached
stopped out in profit

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